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20121202
20121210
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and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has ma
for payback for their votes. >> after the election of jimmy carter, he went to washington, d.c., he came back with some bacon. that's what you do. our people in an overwhelming way supported the reelection of this president and there ought to be a quid pro quo and you ought to exercise leadership -- of course not just that, but why not. martha: you have got to bring home the bacon according to that councilwoman. many cities and state are in the same situation. will they make the same request of the president and washington? stuart, what do you think about that piece of tape there? >> finally it has been said in public. the detroit city councilmember saying publicly we deserve a bailout. detroi indeed vote overwhelmingly for president obama. 73% of the vote went for president obama. detroit will probably run out of money within days. the word bankruptcy is being applied to the city of detroit. she says there ought to be a quid pro quo, why not. she is publicly calling for what amounts to a federal bailout. it would be called help for the city, help for the states. but you asked it. who is next
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